RED METAL (Germany) Price on May 31, 2024

RMX Stock  EUR 0.08  0.00  0.00%   
If you're considering investing in RED Stock, it is important to understand the factors that can impact its price. As of today, the current price of RED METAL stands at 0.08, as last reported on the 29th of December, with the highest price reaching 0.08 and the lowest price hitting 0.08 during the day. We have found three technical indicators for RED METAL, which you can use to evaluate the volatility of the company.
  
RED Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
RMX
Based on monthly moving average RED METAL is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of RED METAL by adding RED METAL to a well-diversified portfolio.

RED METAL Valuation on May 31, 2024

It is possible to determine the worth of RED METAL on a given historical date. On May 31, 2024 RED was worth 0.0813 at the beginning of the trading date compared to the closed value of 0.0813. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of RED METAL stock. Still, in general, we apply an absolute valuation method to find RED METAL's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of RED METAL where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against RED METAL's related companies.
 Open High Low Close Volume
  0.08    0.08    0.08    0.08    1.00  
05/31/2024
  0.08    0.08    0.08    0.08    1.00  
  0.08    0.08    0.08    0.08    1.00  
Backtest RED METAL  |  RED METAL History  |  RED METAL Valuation   PreviousNext  
Open Value
0.0813
0.0813
Closing Value
0.08
Upside

RED METAL Trading Date Momentum on May 31, 2024

On June 03 2024 RED METAL was traded for  0.08  at the closing time. The maximum traded price for the trading interval was 0.08  and the lowest daily price was  0.08 . There was no trading activity during the period 1.0. Lack of trading volume on 3rd of June 2024 did not cause price change. The trading delta at closing time to the closing price today is 0.00% .

RED METAL Fundamentals Correlations and Trends

By evaluating RED METAL's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among RED METAL's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. RED financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About RED METAL Stock history

RED METAL investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for RED is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in RED METAL will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing RED METAL stock prices may prove useful in developing a viable investing in RED METAL

RED METAL Stock Technical Analysis

RED METAL technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of RED METAL technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of RED METAL trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

RED METAL Period Price Range

Low
December 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

RED METAL cannot be verified against its exchange. Please verify the symbol is currently traded on Berlin Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

RED METAL December 29, 2024 Market Strength

Market strength indicators help investors to evaluate how RED METAL stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RED METAL shares will generate the highest return on investment. By undertsting and applying RED METAL stock market strength indicators, traders can identify RED METAL entry and exit signals to maximize returns

Complementary Tools for RED Stock analysis

When running RED METAL's price analysis, check to measure RED METAL's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy RED METAL is operating at the current time. Most of RED METAL's value examination focuses on studying past and present price action to predict the probability of RED METAL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RED METAL's price. Additionally, you may evaluate how the addition of RED METAL to your portfolios can decrease your overall portfolio volatility.
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated